By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Gabriel Makhlouf on Saturday said that the ECB could wait for more information on wages before deciding its next monetary policy move.
24 February 2024
By Isabel Teles – FRANKFURT (Econostream) – The European Central Bank’s consumer expectations survey, released Friday, showed that in January, median expectations of inflation over the next 12 months rose slightly from 3.2% to 3.3%, while expectations over the next three years remained stable at 2.5%.
23 February 2024
By Isabel Teles – MILAN, Italy (Econostream) – European Central Bank Executive Board member Isabel Schnabel on Friday said that there was evidence showing that financial conditions were already easing in anticipation of an ECB interest rate cut.
23 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Klaas Knot on Friday said that a realistic approach to economic fragmentation was necessary and that a strong European Single Market could contribute to reversing fragmentation.
23 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Mário Centeno on Friday said that the Governing Council must be open to discussing interest rate cuts in the next meeting, as a lot of new information would be available then.
23 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Friday said that the ECB still needed more confidence in the disinflation process, however encouraging recent wage data were.
23 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that more clarity on the price outlook, which now depended mostly on wages and profits, was necessary to support the decision of reducing interest rates.
23 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Governing Council member Joachim Nagel on Friday said that a gradual approach to cutting interest rates would be better.
23 February 2024
By Isabel Teles – FRANKFURT (Econostream) – Two sources of wage data released this week sent mixed signals, but an expert responsible for an indicator of high importance to European Central Bank monetary policy has assured Econostream that on balance, the deceleration of wages was broad-based and set to continue.
22 February 2024
By David Barwick - FRANKFURT (Econostream) - European Central Bank Governing Council member Pierre Wunsch on Wednesday suggested that markets might be over-optimistic about ECB monetary policy easing.
21 February 2024
By Isabel Teles – FRANKFURT (Econostream) – Fiscal policy played a central role in cushioning the blow to households of the 2021-22 inflation surge in different euro area countries, according to a research bulletin published Tuesday by the European Central Bank.
20 February 2024
By Isabel Teles – FRANKFURT (Econostream) – European Central Bank Executive Board member Piero Cipollone on Monday said that commercial banks’ reservations about the digital euro were misplaced.
19 February 2024
By Isabel Teles – FRANKFURT (Econostream) – The German economy contracted in the fourth quarter of 2023 and might shrink again in the first quarter of 2024, leading to a technical recession, the German Bundesbank said on Monday in its latest monthly report.
19 February 2024
By David Barwick – FRANKFURT (Econostream) – The following is an overview of recent comments made by European Central Bank Governing Council members. We include only comments made since the Governing Council meeting of 25 January, but earlier comments can still be seen in versions up to that of 19 January .
19 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member François Villeroy de Galhau on Friday said that the danger of waiting too long to cut interest rates was now at least as great as that of cutting them too early.
16 February 2024
By David Barwick – FRANKFURT (Econostream) – The European Central Bank has to be sure that it does not initiate policy easing too soon, given ongoing threats to price stability, ECB Executive Board member Isabel Schnabel said Friday.
16 February 2024
By David Barwick – FRANKFURT (Econostream) – A member-by-member review of the European Central Bank Governing Council with respect to the preference to tackle policy easing more or less slowly reveals that the camp of those continuing to see interest rate cuts as premature dominates, though the opposition has gained ground.
16 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank Governing Council member Pablo Hernández de Cos on Thursday said that the ECB was not yet ready to cut interest rates, but that this would be the next monetary policy move.
15 February 2024
By David Barwick – FRANKFURT (Econostream) – European Central Bank President Christine Lagarde on Thursday said that disinflation was continuing and would see inflation decline over the current year.
15 February 2024